there is a threat of a huge tax increase next year. if you talk to business men and women as i do all the time, they say this regulatory onslaught is smothering. >>clayton: another argument is what would have resolved the recovery faster if you allowed us to pass a greater stimulus, more government spending would have accelerated our rate of recovery. do you buy that? >>guest: i don't think very many americans boy that. we have had $5 trillion of debt in four years. that is more debt than the united states took on from 1776 through the year 2000. in other words, in four years we have borrowed more money than it took to finance the revolutionary war, the civil war, world war i and world war ii and the great depression. i don't buy that. the idea that somehow if we had borrowed more pun we would be on a faster rate of growth, that is like saying if we had unrun up our credit card more and had more of the subprime loans we would be in better shape. i don't find any logic to that. i think most americans think what we have to do now is stop